Delivery shipping costs and other fees are the top barriers deterring shoppers from shopping cross-borders. In addition, there are some concerns about getting what consumers have paid for and also the slow product arrival. This data based on a survey was conducted across 32 global markets with approximately 28,000 consumers.
More than half of cross-border shoppers rank security as their most influence when choosing the payment method for shopping cross-border. Convenience ranks next with a rate of 44%, followed closely by the possibility of acceptance from all retailers (41%). This data based on a survey was conducted across 32 global markets with approximately 28,000 consumers.
Africa and the Middle East have the highest percentage of online purchases that consumers made outside their own region with a rate of 50%, followed by Latin America (44%), then Eastern Europe and Russia (43%). North American and European consumers made the fewest international purchases – with 14% and 15% respectively – of their total …
It’s clear that there are a number of key challenges that face brands if they are to grow in the digital economy, but the upside is huge for those who get it right. via 120 global clients asked about their views of the digital economy and the faced challenges, as they seek to grow and …
Clothing or apparel, footwear and accessories come at the top preference categories for cross-border purchase with a rate of 46%, followed by electronics such as computers, tablets, and mobiles with a rate of 29%, then travel and transportation with a rate of 25%.
In the Middle East, 13% of online shoppers are cross-border shoppers, and 46% of them are shopping domestically and cross-border, while only 41% of shoppers stated that the shop only from domestic sources. These figures show how many shoppers find a limited selection in local online stores; this is why they prefer cross-border e-commerce. Latin Americas‘ online …
Technology enables people to shop across borders, anywhere, anytime and via any device, so we need to identify the insights into how and why consumers shop cross-borders: US and China are the biggest markets in terms of online spend, followed by Japan and the UK, while Argentina achieved the biggest annual growth rate in mobile …
Today’s estimated African population of 1.1 billion represents about 15% of the world’s total. The gross national income (GNI) per capita in Africa is about one quarter of the world average gross national income and the total international B2C trade from Africa and the entire Middle East region represented only about 2.2% of the world’s …